D. P. Abhushan Ltd. · NSE:DPABHUSHAN
D. P. Abhushan — Q1 FY2022-23 Earnings Presentation
36 slides from D. P. Abhushan's earnings presentation, Aug 9, 2022
Slide 1: Results Presentation First Quarter ended 30th June 2022
First Quarter ended on 30th June 2022 RESULTS 08.08.2022 PRESENTATION www.dpjewellers.com
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by DP ABHUSHAN for informational purposes only and does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities in any jurisdiction, and no part of it shall form the basis of, or be relied u
Slide 3: Welcome Note
WELCOME NOTE To our Customers, Stakeholders, Employees, each and every person/family associated with us. We welcome you all and we hope for a Long & Successful Journey with you 3
Slide 4: Contents
CONTENTS 1. Company Overview 2. Objectives & Milestones 3. The Management 4. Store Geographics, Our Jewellery Designs & Collections 5. The Journey Of DP Abhushan (Especially Since IPO) 6. Glimpse of Q1 FY 2022-23 Financial Results and Comparison 7. Performance Matrix 8. Our Growth Prospects, Our Vis
Slide 5: Company Overview
Overview The name “D.P. ABHUSHAN LIMITED” came into existence in the world of listed companies in year 2017, but the brand “D.P. JEWELLERS” is very well known in Central India since 1940. • The journey of D.P. Jewellers began in 1940 from Ratlam a small city of Madhya Pradesh. COMPANY PROFILE • The
Slide 6: Objectives & Milestones Timeline
OBJECTIVES & MILESTONES • Objective: To successfully pass on the family 2020 legacy of being the most preferred and trusted jewellers by standing up to the expectations of the founding members as well as the customers. 2020 2022 2021 New Showroom at 2020 Ujjain inaugurated TIMELINE 2015 Bhopal Showr
Slide 7: Management of D. P. Abhushan
Management of D. P. Abhushan Managing Executive Non Executive Independent Chief Financial Director Director Director Director Officer Mr. Santosh Whole Time Mr. Deepak Mr. Vijesh Kumar Mrs. Renu Kataria Gadia Kataria Director Kasera Mr. Mukesh Jain Mr. Anil Kataria Mr. Sanskar Kothari Ms. Apurva Cho
Slide 8: CONFERENCE PRESENTATION 8/05/20XX
CONFERENCE PRESENTATION 8/05/20XX 8 7
Slide 9: Some Milestones We Have Achieved
SOME MILESTONES WE HAVE ACHIEVED 1700 Cr+ 500+ 25L + 8 REVENUE Human Families Locations (31.03.2022) Assets Associated 4th 85-95% Footfall to Generation Conversion Promoters Ratio 9
Slide 10: Proud Moments for DP Family
PROUD MOMENTS FOR DP FAMILY “Best Ratlam Promising acclaimed Gems and and awarded Jewellery “India’s Gold Many more Company” City” First Jewellery awards and by IBJA recognitions has company of been earned by Central India DP at various which was forum and listed at NSE organizations on 23rd from ti
Slide 11: Store Geographics
STORE GEOGRAPHICS 1st Store – Ratlam(M.P.) 2nd Store – Indore(M.P.) 3rd Store -Udaipur(Raj) 4th Store – Bhopal(M.P.) • Since 1940 • Opened in March 2010 • Opened in April 2012 • Since May, 2015 • Size - 2,100 Sq Ft • Store Size - 15,000 Sq Ft • Store Size - 5,054 Sq Ft • Size - 6,000 Sq Ft • Rented
Slide 12: Showroom
SHOWROOM RATLAM INDORE UDAIPUR BHOPAL 12
Slide 13: Showroom
SHOWROOM UJJAIN BHILWARA KOTA BANSWARA 13
Slide 14: Showroom Inside
SHOWROOM INSIDE CONFERENCE PRESENTATION 14
Slide 15: Products, Collections, Styles & Designs
PRODUCTS, COLLECTIONS, STYLES & DESIGNS Our Collection Lightweight Wedding Traditional Valentine Flower Idol Dohra Mewar and trendy jewellery Jewellery Jewellery Collection Collection Collection Collection jewelry Our Styles Precious and Plain and Jewellery with Diamond semi-precious Gol
Slide 16: Products, Collections, Styles & Designs
PRODUCTS, COLLECTIONS, STYLES & DESIGNS CONFERENCE PRESENTATION 16 16
Slide 17: Products, Collections, Styles & Designs
PRODUCTS, COLLECTIONS, STYLES & DESIGNS CONFERENCE PRESENTATION 17 17
Slide 18: Overview of Jewellery Sector in India
OVERVIEW OF JEWELLERY SECTOR IN INDIA $70 ICRA 6-7% B REPOR CONTRIBUTION IN GDP DOUBLE THE T EXPORT BY 2025 VITAL ROLE IN INDIAN SUPPORTIVE SURGE IN DEMAND ECONOMY GOVERNMENT At the forecasted level, gold jewelry India is considered a global hub Experts have predicted that the demand in FY2023 would
Slide 19: Journey of D.P. Abhushan (Post Listing)
Journey of D.P. Abhushan (Post Listing): IPO – OCTOBER 2017 Current Scenario Issue Price – 28 Market Cap– 62.31 Cr VS Price – 410 Market Cap – 910+ Crores (approx) Revenue v/s EBITDA v/s PAT Post Listing YOY – DPAL SHARE PRICE MATRIX 1400.0 Year High Low Traded Volume Traded Value 1200.0 1291.7 1218
Slide 20: Financial Results Q1 FY 2022-23
FINANCIAL RESULTS Q1 FY 2022-23 Results of 147% 203% 32% TOPLINE PAT PAT MARGIN D.P. Abhushan Limited Q1 FY 23 VS Q1 Q1 FY 23 VS Q1 Q1 FY 23 VS Q4 Particulars Q1 Q4 Q1 FY 22(YOY) FY 22(YOY) FY 22(QOQ) FY2223 FY2122 FY2122 Total Income from 43,339.01 43,992.91 17,535.59 REVENUE FROM OPERATIONS PROFIT
Slide 21: Our Customer Policy/Principle
“ It takes 20 years to build a reputation and 5 minutes to ruin it. If you think OUR CUSTOMER about that, you will do things differently” -Warren Buffet POLICY/PRINCIPLE D.P. Abhushan’s management works on the same principle of Warren Buffet, each generation has to carry the legacy for and the reput
Slide 22: Volume Metrics FY 21-22 vs FY 20-21
VOLUME METRICS FY 21-22 VS FY 20-21 Volume Comparisons – Segment Wise 2020-21 2021-22 2020-21 2021-22 2020-21 2021-22 Changes (In Changes (In Changes (In Particulars Gold Gold Diamonds Diamonds Silver Silver %) %) %) Qty Qty Qty Qty Qty Qty 20% 539 764 42% -46% Qty unless mentioned is in Grams Ratla
Slide 23: Volume Metrics QoQ - YoY
VOLUME METRICS QOQ - YOY Volume Comparisons – Segment Wise 2021-22 Q4 2021-22 Q1 2022-23 Q1 2021-22 Q4 2021-22 Q1 2022-23 Q1 2021-22 Q4 2021-22 Q1 2022-23 Q1 Location Gold Gold Gold Diamonds Diamonds Diamonds Silver Silver Silver Qty unless mentioned is in Grams Qty Qty Qty Qty Qty Qty Qty Qty Qty R
Slide 24: Store Metrics
S T O R E M AT R I C S AVERAGE SALES PER SQ. FT. - STOREWISE VOLUME & VALUE GROWTH FROM FY 2021 TO 9MFY 2022 2020-21 2021-22 140.00% 2,058,932 120.00% 1,806,434 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% -20.00% Ratlam Indore Bhopal Udaipur Ujjain 799,180 -40.00% 493,302 469,778 -60.00% 307,084 303,3
Slide 25: Performance Matrix Since Inception
PERFORMANCE MATRIX SINCE INCEPTION Rs. in Crores TURNOVER & PAT GROWTH Rs. in Crores 2000 45 1731.38 1800 40.43 40 1600 35 1400 30 1218.17 1200 27.46 25 1000 812.13 808.62 20 800 659.74 16.68 15 600 11.79 10 400 8.15 200 5 0 0 FY1718 FY1819 FY1920 FY2021 FY2122 Turnover PAT 25
Slide 26: Performance Matrix YoY (Q1FY2223 vs Q1FY2122)
PERFORMANCE MATRIX YOY (Q1FY2223 VS Q1FY2122) REVENUE FROM OPERATIONS PROFIT AFTER TAX 43339.01 1292.11 45000 1,400.00 40000 1,200.00 35000 1,000.00 30000 800.00 25000 17535.59 20000 600.00 426.51 15000 400.00 10000 200.00 5000 - 0 Q1 FY 2122 Q1 FY 2223 Q1 FY 2122 Q1 FY 2223 “CONSISTENCY IS WHAT MAT
Slide 27: Key Important Ratios
KEY IMPORTANT RATIOS Particulars 2018 2019 2020 2021 2022 “When it comes to churning the inventory effectively, DP Abhushan stands best among other retail Inventory Days 81.8 74.8 93.6 82.4 73.86 Jewellery Companies, this is because of the years of Inventory Turnover experience DP have earned in und
Slide 28: Growth Prospects
GROWTH PROSPECTS • The Company expects to achieve a same-store sales growth of around 22% for the upcoming years on the basis of past performance and future growth. Company plans to open 2 showrooms with a potential of 200 crs topline every year; with a 50% utilization in 1st year and 100% utilizati
Slide 29: Business Outlook for Q2 FY2022-23
BUSINESS OUTLOOK FOR Q2 FY2022 -23 – STRONG UNDERLYING MOMENTUM LOOKING TO CONSUMPTION ANALYSIS, DESP ITE SHORT TERM PRICE VOLATILITY JEWELLERY GOLD Prices Demand • The Ukraine invasion and surging inflation were key factors driving both the gold price and • Range Bound Gold prices over last one yea
Slide 30: Business Ambition & Vision of Management
BUSINESS AMBITION & VISION OF MANAGEMENT VISION STATEMENT “To be a Market Leader in Gems & BUSINESS Jewellery Sector in Tier 2 & Tier 3 Cities of Central India” AMBITION “To become Central India’s most LOVED & TRUSTED Jewellery brand” EXPANSIO 8 FY 25 13 Stores N Stores MISION STATEMENT “To Create w
Slide 31: Moat: What Makes D.P. Abhushan Different
MOAT: WHAT MAKES D.P. ABHUSHAN DIFFERENT The Company has got natural benefits of Hedging because it follows a weighted average cost method NATURAL i.e. buy-equivalent quantity of goods sold at the day of the sale itself. The Company is following this HEDGING method since inception so its cost of inv
Slide 32: Our Growth Pillars
QUALITY EXPANSION - Dealing with 100% transparency, unchallenged purity - DP Abhushan is fast expanding company & holds the and rates which makes DP Abhushan customers 1st choice leverage to grow more in coming years in our areas. - Integrity of management is of absolute importance and - The Managem
Slide 33: SWOT Analysis
S W O T A N A LY S I S STRENGTH WEAKNESS • High brand recall being in existence • Any regulatory change in for more than 80 years government policy that can affect the business S • The Company is following BIS criteria CONTOSO W since the inception of DP • Plans to enter into Chhattisgarh and • The
Slide 34: Working Culture at DP Abhushan
WORKING CULTURE AT DP ABHUSHAN All our stores have highly trained staff which ensures that every customer leaves our showroom completely satisfied. D.P. Abhushan is giving a promise to the customers for a transparent business practice & value for money destination. Over the decades, DP Abhushan has
Slide 35: Investors Relation Contact
Investors Relation Contact Investors Queries:- Ms. Aashi Neema investor@dpjewellers.com +91 99937 89901 Thus summarizing the whole presentation, “DP Abhushan’s growth journey has just began and has a long way to go.” - TEAM DP ABHUSHAN CONFERENCE PRESENTATION 35 35
Slide 36: D.P. Jewellers
D.P. Jewellers ~—= A BOND OF TRUST SINCE 1940 —— A VENTURE OF D.P. ABHUSHAN LIMITED + RATLAM : 138 Chandani Chowk ¢ 07412-408900 + INDORE: Near Rajani Bhawan, Y.N. Road ¢ 0731-4099996 + UDAIPUR : 17 Nyay Marg, Court Chouraha (0294-2418712/13 +BHOPAL : 16 Malviya Nagar, Rajbhawan Road ¢ 0755-2606500